SKF India announced that Rakesh Makhija has tendered his resignation as the Chairman and Director of SKF India to be effective from 16 May, 2019 in order to make way for fresh Board leadership.

Century Enka will hold a meeting of the Board of Directors of the Company on 21 May 2019.

Cipla will hold a meeting of the Board of Directors of the Company on 22 May 2019.

Escorts will hold a meeting of the Board of Directors of the Company on 7 May 2019.

Nestle India will hold a meeting of the Board of Directors of the Company on 14 May 2019.

The Board of Gammon India has appointed Ulhas Dharmadhikari as an Additional Director and as an Independent Director for a period of 5 years with effect from 17 April, 2019, subject to the approval of the shareholders of the Company at the next Annual General Meeting

Ambuja Cement will hold a meeting of the Board of Directors of the Company on 30 April 2019.

The Board of Tata Sponge Iron at its meeting held on 18 April 2019 has approved the change in company name from Tata Sponge Iron to Tata Steel Long Products such other name, as may be approved by the Registrar of Companies, subject to the approval of the members of the Company and other regulatory authorities, as may be applicable and consequent amendment in name clause of Memorandum of Association.

The Heavy Engineering arm of Larsen & Toubro has won significant contracts for critical reactors, equipment and systems for Process Plant sector, against stiff global competition. Orders from international clients are mainly from the US, Europe, Middle East and South East Asia.

The company classifies significant contracts of value between Rs 1000-2500 crore.

Mahindra Group and Ford Motor Company took the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV).

Under the new agreement, Mahindra and Ford will work together to introduce a benchmark product for India and emerging markets.

The new agreement reinforces the steady progress made since the announcement of the strategic alliance between the two companies in September 2017, followed by an announcement on powertrain sharing and connected car solutions in October 2018.

The new midsize sports utility vehicle (C-SUV) will have a common Mahindra product platform and powertrain, thus driving engineering and commercial efficiencies.